132 N Wells St Panama City Beach, Florida, 32413
3 bed • 3 bath • 9 guests
Est. $1,610/mo

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$335,600
Zestimate
Airbnb Investor Score
$9,782
Annual Profit
9.7%
Cap Rate
11.4%
Cash on Cash
$52,990
Annual Revenue
This property is projected to be in the top 48% revenue percentile compared to similar properties nearby.
Projected nightly rate is $388/night at 49% occupancy.Projected nightly rate is $248/night at 64% occupancy.
Top 58% of comparables
Top 46% of comparables
Seasonality
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40
Airbnb Comparables
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$60,720
Avg annual revenue
64%
Avg occupancy rate
$248
Avg nightly rate
Any type
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Apartment
Any min stay
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Revenue per year
$25k
$60k
$95k
$135k
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$9,782
Profit
Revenue
$52,990
Operating Expenses
$20,569
Operating Income
$32,421
Mortgage & Taxes
$22,639
Profit (Cash Flow)
$9,782
$85,938
Cash Investment
Down Payment
$67,120
Renos & Furnishing
$8,750
Closing Costs
$10,068
Total
$85,938
DSCR Ratio
Strong
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Investment Value Over Time
Property Appreciation
3%
Revenue Appreciation
0%
Cash on Cash Return
11.38%
Cap Rate
9.66%
STR Tax Calculator (USA)
Your current annual income
Your income tax rate
Taxes paid on $150,000
$45,000
If you buy this investment property, your est deduction will be...
Deductible mortgage interest
$15,928
Deductible property tax
$3,322
Your total deduction
$24,672
Your adjusted annual income
$150,000 - $24,672 = $125,328
Taxes on $125,328 (30%)
$37,598
Your old tax bill
$45,000
Your new tax bill
$37,598
Estimated tax savings
$7,402
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Property Overview
View property info, current ownership, recently sold comps, school zone ratings, area rents, and more.
Lot size:
6,969 sqft
Year built:
1979
Size:
1,456 sqft
Type:
SINGLE_FAMILY
Parking:
-
Heating:
Central, Electric, Fireplace(s)
Sold Comparables
Property Details
- MLS Status: N/A
- Property Use: SINGLE_FAMILY
- Stories: -
- Lot size: 6,969 sqft
- Building area: 1,456 sqft
- Garage: No
- Heating: Central, electric, fireplace(s)
- Pool: No
- Fireplaces: -
- Basement: No
- Cooling: Central Air, Ceiling Fan(s)
- View: -
- Parking: Driveway, Gravel, Paved
- Amenities: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Range Hood, Washer
- Price per square foot: $230
Lot Info
- Zoning: -
- Land Use: -
- Parcel Number: 38193000000
- Flood Zone: No
Tax Info
- Year Assessed: 2023
- Assessed Value: $182,563
- County Est. Land Value: -
- Assessed Land Value: -
- County Est. Structure Value: -
Market Estimate: $335,600
Schools
- Middle School: Surfside Middle School with 6/10 star rating
- High School: J.R. Arnold High School with 5/10 star rating